Category: Company News

Blockchain technology is arguably one of the greatest technological advancements of its era, but as technology improves at an exponential rate, can blockchain security keep up? Blockchain security has become a controversial topic in the crypto space due to the large amount of malicious attacks that have recently taken place. Solutions need to be created that can further advance encryption capabilities.

How are blockchains secured?

Blockchains are secured via a multitude of different consensus mechanisms, but virtually all, Bitcoin included, share the same underlying security protocol called cryptography. Bitcoin, for example, uses an algorithm known as SHA-256. The SHA stands for secure hashing algorithm and is an example of a common hashing algorithm used in cryptocurrency and for other encryption purposes in operating systems such as Unix and Linux. The algorithm functions such that any input into the algorithm creates an output of 256 digits that are relevant to the data inputted. Therefore if it is provided the same input, the same 256 digits are achieved every time. If any of the data were to be changed, the outcome would be completely different.

Another important element is that there is no known, reliably successful method of performing the computation the other way around, meaning that by simply having the 256 bits long output, it is practically impossible to come up with the input. Interestingly, SHA-256 hashing is actually no new concept; almost all the world’s safest, high-tech systems are secured similarly.

The security threats to blockchains

Despite its early record of tamper-proof security, blockchains have experienced a variety of hacks and malicious behavior that exploited vulnerabilities and made many question the safety of those systems. One example of a serious attack was the Poly Network hack that saw about $600M stolen. Fortunately, the hacker returned the assets shortly after the hack, but this put an emphasis on the need for solutions. Security threats should come as no surprise, as numerous newly emerging technological solutions available today were not present when blockchain was first introduced in 2008. For example, quantum computers are so powerful, some studies revealed that they could potentially hack blockchains within a decade, which is a fraction of time considering the rate at which technology has grown.

Is quantum resistance a realistic goal?

Quantum resistance is vital to ensure the longevity and integrity of blockchain technology. Solutions aiming to tackle this challenge are beginning to emerge. Crown Sterling, an encryption and digital assets solutions provider, is one such company pioneering the field of data protection and sovereignty. Led by CEO Robert Grant, Crown Sterling is the first to implement quantum-resistant One-Time Pad encryption as an option for a blockchain’s state transition function or the flow of transactions on a network. They also developed the Crown Sovereign token (CSOV) as a quantum-resistant utility token that allows its users to engage with the project’s quantum-resistant encryption and other tools, including the ability to convert their personal data into NFTs, empowering individuals to truly own their data. The company is already developing data compression technologies in order to further its innovation in the data security and management space.

Highlighting their mission, the Crown Sterling team established the ‘Data Bill of Rights’ as the genesis block for their network, declaring that digital assets are the intangible personal property of the original producer, and therefore, protected.

Future-proofing blockchain

When launched, blockchain technology was perceived by most as highly secure.  However, blockchains will continue to face challenges with the rapid advancements in technology, including quantum computing. Fortunately, with emerging solutions, blockchain technology not only has the chance to be fully quantum-proof but can withstand the test of time.

Get ready to be part of the neo-punk city of Los Machines and crush your enemies with your steel fists in the NFT-game “Drunk Robots” on April 7th on Liquidifty, GameFi, and TrustPad.

IDO “Drunk Robots” will launch in a few days at three platforms at once. It won’t be long before you enter the futuristic neo-punk world of Los Machines, a futuristic city overrun by drunken robots looking to hoard metal.

This is fun, high-octane brawler should shake up the Play-to-Earn market, and now you have a chance to get some $METAL tokens and throw your hat into the ring along with amazing and famous project investors such as Animoca Brands, Merit Circle, Gate.io, Zb.com and founder 1Inch!

Now let’s find out the terms of participating in IDO of “Drunk Robots” on GameFi, TrustPad and Liquidifty platforms:

On the GameFi:

Minimum Investment in Launchpad tokens to get an access to IDO Lottery: $889
Minimum Investment in Launchpad tokens to get an access for Guaranteed allocation: $133,350
Total number of METAL allocated: 15,000,000
KYC: Required

How to participate

On the TrustPad:

Minimum Investment in Launchpad tokens to get an access to Lottery: $1590
Minimum Investment in Launchpad tokens to get an access for Guaranteed allocation: $7950
Total number of METAL allocated: 5,000,000

KYC: No

How to participate

On the Liquidifty:

Minimum Investment in Launchpad tokens to get an access to IDO: $600

Minimum Investment in Launchpad tokens to get a guaranteed allocation: $2000
Total number of METAL allocated: 5,000,000
KYC: No

How to participate

To compare the potential of “Drunk Robots”, let’s look at the initial price of tokens and further growth in the capitalization of other projects. For example, the Bombcrypto project token was originally $0.60, but eventually grew 60!!! times and reached a market capitalization of $11,730,000! Or another example of Mobox, which started out at $29 but ended up growing by 2900! Now the capitalization of the Mobox token has reached $566,950,000. And there is every chance that IDO “Drunk Robots” will be just as successful. Other examples of the space growth of projects similar to Drunk Robots can be seen in the table.

The maximum allocation that you can get on platforms is not big enough for that incredible project. “Drunk Robots” have already partnered with Animoca, and this is a clear signal that the project can raise at least 30x! Before that, NFT-collection of “Rebel Bots” also partnered with Animoca and after the announcement, their token rose from $0.2 to $2! “Drunk Robots” has even more potential for growth through collaborations with Animoca, Polygon ZB.com and Binance Smart Chain. And the Liquidifty platform offers some kind of a “life hack” for users on how to participate in the IDO “Drunk Robots” with a larger amount and to get cosmic profit later.

On the Liquidifty platform, you have the opportunity to buy one of the three passes to receive an allocation: Gas, Liquid and Solid passes. This feature is available only for platform users and it gets the pass to all IDOs on Liquidifty.

Given the current number of users and passes, each Solid Pass holder participating in IDO will guarantee to receive a $5,000 allocation! This is a hundred times more than on other platforms and without additional requirements, such as contests or lotteries. It’s a great opportunity to increase allocation and get additional perks like valuable NFTs and access to all Liquidifty IDOs. The “Drunk Robots” IDO is just a few days away, so don’t waste your time and buy Liquidifty passes to be able to get more allocation on the launching IDO.

In addition, Liquidifty conducts new events, drops, and contests related to the passes. Last week they did a raffle for solid pass holders with a transparent system from the beginning of the draw to the selection of the winner and the transfer of the prize amount. And the winner got $2000 in my eyes! They make a lot of events and announce them on their telegram channel.

Public round allocation: 25,000,000 $METAL
IDO and Listing price: $0.01
FDV on Listing: $27.5M
TGE MarketCap with liquidity provided: 18,750.000 $METAL/$187,500
TGE MarketCap without liquidity: 5,000,000 $METAL/ $50,000
Vesting schedule for public round: 10% TGE, 15% monthly

 

Several aspects of play-to-earn gaming can draw in a mainstream crowd.

A long-term developer vision combined with no upfront investment requirements is an excellent place to start. Cryptopia wants to highlight those aspects and more through its blockchain gaming venture.

Gaining Traction is Essential

Despite the growing popularity of play-to-earn gaming, most projects have one crucial flaw in common. They all require players to either make an upfront investment or hold their rewards for long periods in the hopes of prices going up. While that is a sensible economic model, it also prevents the mainstream from embracing these projects from day one. Instead, most play-to-earn games only cater to existing crypto users rather than those looking to venture into the world of cryptocurrency through blockchain gaming.

Cryptopia takes a different approach. It is one of the few games merging free-to-play and play-to-earn mechanics. That is nothing new, yet the games providing this option often lack content or user retention. Cryptopia provides multiple game modes for players to earn rewards and monetize in-game resources to counter those issues. Becoming an Adventurer or a Tycoon – or a hybrid of the two – as the player defines how they want to approach this virtual world.

Blockchain gaming is the embodiment of decentralisation through a distributed ledger. Unlike server-based games, blockchain-based projects remain free from censorship, government intervention, or third parties controlling the gaming world. Instead, all players get to participate in voting and governance, with a direct line of communication between games and developers in Cryptopia.

Moreover, it enables players to explore unlimited possibilities as to how they want to experience this game environment. An extra benefit is how all actions have consequences in Cryptopia. Any decision made by any player can change the game forever, not just for them but for all gamers. It is a benefit of being 100% on-chain for all gaming purposes, ensuring the unexpected can happen at any moment.

Multiple Game Modes Are Needed

Another aspect holding back blockchain gaming today is how games are seemingly one-dimensional. For instance, a game is either player-vs-environment or play-vs-player oriented. While some projects offer both game modes, it often requires compromising on one or both. Finding a balance between the two is never easy, but developers can explore other options. Games shouldn’t shoehorn people into one or two default options. Instead, gamers should be able to forge their own paths.

That option is now available through Cryptopia. Players can shape the overall experience to their liking. Some will want to quest and battle foes in the Adventurer mode. Others want to maximise their earnings and passively create wealth by buying land plots and extracting the resources, which can be sold as tokens. The third type of player may combine both elements and forge a very interactive gaming experience. The choices are virtually limitless, and no one needs to make any upfront investment to begin playing.

Being an Adventurer ensures players can engage in quests, professions, building, and enhancing your character’s skills. Highly-skilled players can take on harder quests, gain better rewards, and so forth. It is then up to players to maximise those rewards, either for themselves or through other players. An Adventurer/Tycoon hybrid is certainly possible for those looking to put their earned rewards to use.

The Tycoon option revolves around building and expanding one’s personal decentralised finance empire. Players acquire land tiles, extract resources, and either sell them or use them to produce other tokens – which they can also trade. Owning adjacent land tiles by players of the same faction establishes a faction zone. A larger faction zone results in better-functioning buildings, making it a worthwhile option for those looking to tap into a passive revenue stream.

Cooperation And Transparency

One may argue that there won’t be sufficient affordable land tiles in Cryptopia after a while. The developers thought of that and ensured players could cooperate. More specifically, any player can set up a publicly-traded company to purchase land. Other players can buy shares of the company and share mined resources or other earnings in a corporate manner. Players can buy fractional shares, too, ensuring this option remains accessible and affordable to everyone.

Building a vast blockchain game and economy requires trust and transparency. Cryptopia makes sure there are no pre-mined coins, unfair advantages, token supply shenanigans, or anything else. The game’s code is visible through smart contracts accessible via GitHub. That transparent approach is crucial when building a play-to-earn game accessible by anyone without having to use external software or having specific skills.

Conclusion

The evolution of play-to-earn gaming is exciting. Whereas the first generation focused on rewarding early adopters and investors, projects like Crytopia highlight how games should be for everyone while still providing a personalized gaming experience. Gamer empowerment is about more than in-game items, as every player needs to feel welcomed and needed, regardless of how they want to explore the game world.

Moreover, one can only hope to see more free-to-play play-to-earn games emerge. Attracting mainstream users requires removing any barriers to entry. Expecting people to own cryptocurrency and be familiar with Web3 wallets like Metamask is not viable. This industry needs more of a seamless experience with potential rewards, personalization, and transparency.

The release of a much-awaited aging NFT avatar collection, “Novatar” was scheduled for April 4th. The collection of 25,000 baby avatars will be sold in 3 phases consisting of ten sales waves. Each wave will sell 1000 baby avatars. Every 1000 avatars will be 0.01 ETH more expensive. At the moment, the cost is 0.11 ETH.

The first Phase starts April 4th at 12 PM EST. The 3rd Phase will be a Dutch Auction, where 5,000 NFTs will be sold. The project has already amassed an impressive fan base on Discord and Twitter and has featured in a rotation of ads in Times Square in New York.

Currently, there is only one project that uses the system of “aging” avatars depicted on the token. Novatar is the only project that allows images to be not static but change over time.

When minted, users will receive a randomly generated baby. The generation is based on visual attributes pre-created by digital artists – this is guaranteed by gender and racial diversity. Also, Novatars have many text attributes. So, the user will get a unique baby avatar. A specially created system of genes achieves uniqueness. Each purchased “Novatar” will have 9 fundamental genes – skin color, eye color, hair color, and other attributes of the body and face. As you get older, your genes will increase. An adult Novatar will literally be a grown-up baby Novatar – but by adulthood, he or she will acquire one of the various sexual orientations and professions. Recall that Novatar can grow up only 30 days after Minting.

The project was aimed at the growing need for NFT avatars that have come about due to the development of the Metaverses. Novatars can be used across all major social media. Instagram, Facebook, Twitter, Reddit, and Onlyfans have already announced the integration of NFTs into their ecosystems.

The project has already successfully completed Wishlist Sales. 1500 Novatars were sold.

Manchester United defender Phil Jones has become the latest high-profile sportsperson to enter the metaverse. Jones, who has been on the club’s books since 2011, has joined forces with Web3 firm Antourage to develop an exclusive metaverse members project dubbed Red Lion Sports Club (RLSC).

The venture will function as a kind of gated online community, where holders of special NFTs can congregate to play games and interact, view exclusive content, enter competitions and support worthy causes. Designed by noted augmented reality creator Doddz, only 4,000 algorithmically-generated Red Lion member NFTs will be released on the Solana blockchain, at a cost of two SOL (around $250 at current prices).

A New Model for Fan Engagement

Scheduled to launch in the coming month, , Red Lion Sports Club will focus on major sports events such as Premier League games, the NBA playoffs, Formula 1’s British Grand Prix and golf’s British Open, with fan-influenced content and mini-games devoted to the various sporting occasions.

“Over the past six months I’ve been researching and learning about Web 3.0 and the potential of the metaverse,” revealed Jones, who has won Premier League, FA Cup and Europa League trophies while making over 100 appearances for United.

“The idea behind the Red Lion Sports Club is to enable a new way of engaging with fans that promotes a genuine sense of community rooted in mutual respect for other members. RLSC will be a venue for fans of all sports that want to have a say in how a digital community grows and develops, interact with athletes, celebrities and other members, and influence the content that will be created around major events.”

Red Lion Sports Club is the first metaverse project that Stockholm-based startup Antourage has been involved with, and co-founder Johan Junker said he was “thrilled to have Phil on board as the driving force behind RLSC.” He explained, “This project is at the heart of Antourage’s existence: to connect passion-driven fan communities with authentic content that is distributed across the latest social platforms.

“We believe fans should be at the centre of the content ecosystem and be rewarded for their engagement. Red Lion Sports Club fully represents this philosophy and Web 3.0, driven by the metaverse, will expedite this change that will deliver greater value and a richer experience for fans and creators alike.”

Jones and Junker aim to slot their exclusive sports-centric members club into a prominent metaverse, and to develop additional content and activations as its community develops.

Premier League Stars Go Mad for Meta

A number of metaverse enthusiasts now occupy the Old Trafford dressing room, with Jadon Sancho having recently partnered with Genies to release his own digital avatar and Luke Shaw launching his own NFT collection. Last week, Cristiano Ronaldo also participated in a $100 million funding round for FanCraze, which creates NFTs based on major cricket tournaments.

Elsewhere in the English top flight, United’s cross-town rivals City have teamed up with Sony to reproduce their Etihad Stadium in virtual reality. The digitally mapped stadium could eventually ‘host’ live games, giving fans – or the digital avatars that represent them – the opportunity to enjoy a match day experience from the comfort of their own home.

 

 

 

The NFTs, known as the best digital assets, have taken the world by storm in a very short time. The inception of the innovational NFT concept in the blockchain industry has started grabbing mainstream attention lately. According to several recent articles, giant conglomerates have actively entered or are ready to enter the NFT industry, preparing for the future i.e. Metaverse.

The world has witnessed tons of NFTs but a brand new, world’s first sensational concept of Sports Car Racing in Metaverse is about to change the whole experience of the NFT market.

Created by the great minds on earth, with an extreme desire and passionate hearts for racing. Our state-of-the-art open-wheel single-seater F1 auto racing cars are extraordinarily astonishing and introduced for the first time ever in the NFT industry.

A collection of 10,250 ultra-unique racing masterpieces that are inspired by the world-famous Formula One. Get ready to experience different kinds of Metaverse realities at Meta F1 Club. Our holders can entertain themselves with spectacular multimap racing events in the Metaverse, compete with others, and win like a real-life championship.

Meta F1 Club Presale Race starts on April 19th at 0.35 ETH followed by Public Sale on April 20th and 21st at 0.4 ETH. We highly encourage everyone to get whitelisted as spots are limited and will fill up quickly. Floor price expectations are around 16 ETH in a short time due to the uniqueness of this project.

Meta F1 Club NFTs will be minted on ERC-721 compliant contracts deployed on the Ethereum blockchain. This is known as the gold standard and most widely-supported format for digital collectibles.

The devs have created two exceptional giveaway programs for the community and its holders that has never been seen in the industry. The giveaway programs details are as follow;

1st Giveaway:

• 50 Meta F1 Club NFTs Giveaway
  • 30 NFTs will be awarded to community members through Daily Competition
  • 20 NFTs will be awarded to Most Engaged Discord Members

2nd Giveaway:

• USDT 500,000 Giveaway – holding in a separate wallet and link is shared in the Discord server for tracing purposes.

The USDT 500,000 Giveaway will be distributed as below;

• First Prize: $50,000
• Second Prize: $25,000
• Third Prize: $10,000
• Fourth Prize: $10,000
• Fifth Prize: $3,000
• Sixth Prize: $2,000
• 400 Prizes: $1,000 each

Meta F1 Club proudly confirms that the Meta F1 Racing Game’s BETA version will be immediately available for testing after the launch.

So we call all the passionate racers in the NFT world to witness an entirely unique event and prepare yourselves to wake your inner racers on our Presale on April 19th

 

Four elements are essential for a metaverse world to take root and thrive, experts say: immersive realism, access and identity, interoperability and scalability. Achieving them without altering the laws of physics requires complex technology and financial tradeoffs. Take a quick spin through a few emerging metaverses and it will be easy to spot what their creators prioritized and what they had to sacrifice.

Such tradeoffs are virtually invisible at pax.world. Its creator, Frank Fitzgerald, has spent years working through the issues from every angle and optimizing pax.world for all four parameters. And he’s eager to show the world what his five-year head start and stubborn refusal to accept that anything is impossible has enabled.

Pax.world, which launches in the summer of 2022, is so highly evolved that some of the best, most imaginative minds on Earth are flocking for a sneak preview.

One of those great minds is Thomas Sevcik, the world-renowned architect and city planner.

Sevcik, the CEO of Arthesia, works with businesses and governments around the globe, usually on vast projects. With a passion for the metaverse, creation and architecture, he wanted to talk about pax.world. Here’s a recap of his comments.

When asked about his career in innovation, Sevcik said, “I created early versions of the metaverse – in my quite real sandbox and on paper doing my own maps of imaginary land and cities. From there on it was easy”

His modesty belies significant professional achievements.

“I’m lucky enough to be an entrepreneur as well as being involved in many outstanding international projects. Some are very large, like creating entire urban districts in many parts of the world, while others are exciting like branding worlds and experiences. Some are unique, private cities and contrarian investments come to mind.”

The conversation moved to crypto, metaverse and Sevcik’s involvement in the financial revolution.

“In the early days, I sort of watched from the sidelines. I’m keen on questions surrounding sovereignty, special zones and alternative governance ideas, so I looked at it from that angle.

“I personally got into crypto rather early on and I’m glad I did.”

On the metaverse. Sevcik noted, “It’s a logical development, right? Humans are naturally curious creatures who expand their horizons constantly and then want more.”

“A metaverse isn’t un-real or inhumane. In fact, it’s deeply human and totally real, creating worlds and experiences on a new level. Utopian and pragmatic at the same time.”

Sevcik’s view is a unique and humanistic outlook on the metaverse. He argues that the metaverse is an opportunity to celebrate the human experience, through pax.world, in ways not possible in the real world.

Pax.world isn’t just ready to be used, but it’s ready to innovate upon the physical world, he said. As Secvik puts it, learning in the metaverse holds the extraordinary potential to improve many of the societal challenges people are struggling against in the real world.

The metaverse asks compelling questions of our ‘real’ world, Sevcik claims.

“Narrative around spatial planning, the idea of ‘quality and uniqueness’, for instance, immediately gets explored when working in the metaverse.”

He’s convinced that pax.world is nothing less than the dawn of a new age of discovery for humanity.

“It’s so much more than just wanting to build land. It actually means repositioning cities, companies and organizations.”

“I’m already working on immense real-world projects explicitly linked or augmented with vectors, dimensions, extensions into or with the metaverse.”

Sevcik is certain the pax.world project is ready and exactly the right vehicle to transport his progressive ideas.

Pax.world, with a realistic style based on reality, low system requirements (it can be accessed with a $300 Chromebook), a complex ecosystem with unparalleled possibilities and a growing community-driven world, fulfills the areas of progress.

Pax.world’s team of creators are thrilled that Thomas Sevcik and his team are on board and will soon introduce other great minds and skilled creators who are slated to join the pax.world family. Look for pax.world this summer. It won’t be hard to miss.

The term ‘oracle’ has become quite commonly used within crypto circles across the globe in recent years, and rightly so. This is because these novel offerings are designed to connect various blockchain projects with a wide array of off-chain data, thus allowing for the advent of many novel use cases.

That said, most traditional oracles are faced with two core issues. Firstly, they require a centralized entity/intermediary to facilitate their access to external, real-time data — as a result of which third parties can potentially alter the data being supplied to it. Secondly, centralized oracles often have to forego many of the privacy advantages put forth by smart contracts, thereby posing major risks to the system’s overall security.

A smart contract can be thought of as a program/transaction protocol designed to automatically execute, administer and note relevant events and actions as per the terms of a predefined digital agreement.

Decentralized oracles explained

As highlighted earlier, centralized oracles serve as single, stand-alone entities that provide data from an external source to a smart contract operating within a set governance framework. As a result, they, more often than not, feature a single point of failure that can result in them being corrupted or being attacked.

On the other hand, decentralized oracles can be visualized as a group of independent oracles where each node operating within the network is capable of acting on its own accord — i.e., having the ability to work solo and retrieve data from an off-chain source.

Since they don’t have any sort of dependence on a “single source of truth”, the overall authenticity, and veracity of the data being supplied to the associated smart contract can be verified with an extremely high degree of efficacy.

To elaborate, most high-quality Decentralized Oracle Networks (DONs) provide their clients with highly specific security features such as data integrity proofs (that use cryptographic signatures); data validation modules using multi-layer aggregation (so as to eliminate downtime-related issues); crypto-economic guarantees as well as other optional features such as zero-knowledge proofs.

From an operational standpoint, decentralized oracles are ideal for use within a complex business environment but need a high level of financial investment — especially when it comes to setting up the project’s native infrastructure as well as paying for its general upkeep/maintenance.

The issues with oracles in their present form

While the transparency and decentralization aspect of most oracle-based platforms is quite intriguing, at least on paper, it should be noted that such propositions are only valid insofar that the information being supplied to a particular blockchain is “tamper-proof”. Now that being said, it is worth looking into the question of who really has the power to authenticate this data?

In fact, this question has been looked at in-depth by many blockchain experts and arises whenever a digital asset has to be linked to its physical counterpart.

As an example, whenever the transfer of ownership relating to a physical commodity (for example a necklace) has to take place between two people, the smart contract associated with the deal has to be supplied with data ensuring the validity of the supplied information.

To achieve this, a third party is usually required for the verification of events taking place in the real world. And while many projects have sought to alleviate this pain point in recent years, the issue is still quite prevalent today.

Decentralized Oracle solutions
Chainlink

One of the most popular oracle networks in the market today, Chainlink is best described as a decentralized network of nodes capable of delivering its users a wide range of real-time info from external data sources. The platform’s native smart contract architecture is automated and is able to perform actions as and when certain predefined conditions are satisfied.

Chainlink’s network is designed to help process real-world data associated with a number of feeds ranging from asset prices to sports data to shipping data to weather data. As a result of its multifaceted utilitarian structure, the platform is currently being used by a number of prominent DeFi projects such as Aave, Kyber Network, Synthetix, amongst others.

QED

QED can be thought of as a future-ready decentralized oracle designed to connect a wide number of blockchain networks and their associated smart contracts with external data sources seamlessly. Operationally speaking, QED Oracles utilize ‘external collateral’ as a bond to their smart contract theory mitigating many systemic risks that may have otherwise entered the fray.

Furthermore, the platform uses a ‘reliability scoring’ mechanism that determines the oracle’s capital efficiency while weeding out any poor performers from within the ecosystem. Lastly, QED has been built atop a blockchain that features no single point of failure and does not make use of a centralized verification system — allowing for a higher level of operational efficacy and overall security.

Witnet

Simply put, Witnet is a decentralized oracle network (DON) that not only connects smart contracts to real-world data sources but also allows third-party software to gather certain, specific info published by a given web address at any given point in time in its lifecycle, that too with verifiable proof.

It is worth mentioning that Witnet comes with a highly developed, holistic blockchain as well as a native digital asset that miners have the option of securing in lieu of retrieving, attesting and delivering web content.

 

 

Dogecoin started as a joke but ended up attracting billions of US dollars and the interest of Elon Musk himself. The cryptocurrency with the Shiba Inu dog as its logo has become an inspiration for many other crypto projects. The most recent example is Cliff, although it hasn’t been designed as a purposeful parody. On the contrary, Cliff, which also has a dog as its symbol, is seeking to help investors secure sizable returns by implementing a deflationary model.

What Is Cliff and How Does It Work?

Cliff is the first token with a true burn function that can directly and instantly boost the price per coin as a result of burning its circulating supply. The burning mechanism makes sure that Cliff keeps eliminating the excess liquidity on a regular basis. Every time it does so, the event pushes the price of each token up by a certain percentage. Besides this, the token’s value also increases as Cliff has exposure to yield-bearing assets with the goal to provide value to token holders.

Thus, Cliff is a token seeking to act as a hedge fund and grow continually thanks to two main mechanisms: burning a percentage of the circulating supply and investing in yield-bearing assets.

Here is how the burn function works:

• Every trade on Uniswap or other DEX comes with a liquidity fee. Currently, the tax is set at 5% for buys, and 8% for sells but it’s subject to change based on the market conditions. After a certain threshold, the smart contract releases fees accrued and injects it into the liquidity (Initial LP tokens have been burned forever).
• When the burn function is triggered (it can occur manually when the team decides or automatically according to the schedule), the contract unpegs a percentage of the circulating supply and sends it to the burn address. Basically, the process is similar to stock buybacks, in which companies purchase their own stock on secondary markets to reduce the circulating share supply available to the public.
• As a result, each token instantly increases in value after the burn.

When it comes to investing, Cliff is getting exposure to various assets that may grow in value over time. Besides the liquidity pool tax, every trade comes with a 6% tax on buys, and 7% on sells which is used for marketing campaigns as well as yield-generating investments. As of today, Cliff is invested in stablecoins used for staking, LAND assets, and other non-fungible tokens (NFTs). Eventually, the generated wealth will be distributed back to the ecosystem members.

Cliff Features

Cliff token relies on a hyper-deflationary model to encourage a never-ending bullish trend. Here are the token’s main features that you should know about:

• Predetermined automatic true burns – one of its unique features is the code that is programmed to unpeg a small percentage of tokens from the pool and burn it on a regular basis, creating a higher price floor over time.
• Manual burns when liquidity is oversaturated – the manual burn is used by the Cliff team to unpeg the excess liquidity, thus pushing the token price higher immediately after the burn.
• Stable liquidity pool – unlike other liquidity pools, Cliff holders are not required to stake their tokens. Instead, every trade incurs a tax that goes to the liquidity pool address to make sure Cliff becomes less volatile over time.
• Anti whale – During the launch phase, the maximum amount a wallet could hold was .1% of the total supply, ensuring a well-distributed supply across the holders.
• Marketing incentives – a marketing tax is applicable on each buy and sell to ensure the team has enough funds for the marketing campaigns as well as to invest and donate to charities.
• Security – the security of the Cliff token is based on the Ethereum architecture itself. On top of that, the smart contract has been audited by CERTIK, which is one of the most recognized platforms monitoring and auditing blockchain and decentralized finance (DeFi) projects. The code is programmed so that the initial burned liquidity can never be pulled, while any new liquidity tokens generated will go straight to a dead address.

Cliff as a Gateway to RED

The Cliff community has the opportunity to get exposure to another great token that will be added to the ecosystem soon. Known as RED, it will act as a governance and yield-bearing asset.

RED will be a valuable asset for Cliff investors, and the only way to accrue it is by staking Cliff. RED holders will be able to submit ideas and vote on investments proposed by the team. RED will also be the token to accrue yield from the invested assets.

Thus, the ecosystem will be fueled by two tokens seeking to provide real value.

 

Image: Pixabay

Lately, the crypto market has been hit by certain short-term impacts as a result of Anton Nell and Andre Cronje’s departure from crypto. As the market pins its hope on new projects, investors are also in an urgent search for promising projects. ViaBTC Capital, a rising star in crypto investment, has started to invest in new crypto categories starting from late 2021. It has focused on GameFi, a small category that may promise huge returns. Analyzing on-chain/off-chain indicators and the gaming fundamentals, ViaBTC Capital is looking for the next hit in GameFi.

New opportunities amidst current tensions

Although the market now remains sluggish, some promising GameFi projects are still emerging. Turning challenges into opportunities, ViaBTC Capital is exploring a new crypto category with great potential. At ViaBTC Capital, investment strategies are never confined to the immediate interest. Instead, the institution focuses on long-term development. For example, from a long-term perspective, it helps cryptocurrencies capture the spotlight in global finance, which brings both challenges and opportunities.

The same also applies to the GameFi market. Though 2022 is still waiting for the appearance of phenomenal projects with worldwide impact, the GameFi category is merely a start from the viewpoint of the entire gaming market. Along with the progress of technologies such as blockchain, AR/VR, the Internet of Things, and the metaverse, GameFi mechanisms will grow more diversified in the future. This, coupled with the P2E model, allows GameFi to integrate life, entertainment, and work, which will broaden its growth prospect.

Finding the next hit in GameFi

Having noticed the potential of GameFi, ViaBTC Capital has made fast moves and invested in emerging projects, including four new GameFi projects (STEPN, Edenbrawl, Infinite launch, and AAG).

1. STEPN

Official website: https://stepn.com/

STEPN is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements. Players will first need to purchase or rent NFT sneakers. In STEPN, you can make handsome earnings by walking, jogging, or running outdoors. STEPN is currently under the public beta phase.

With Game-Fi, STEPN aims to nudge millions toward a healthier lifestyle, combat climate change, and connect the public to Web 3.0 while building a SocialFi platform that fosters user-generated Web 3.0 content and promotes the Web 3.0 lifestyle.

STEPN’s One Page

2. Infinite launch

Official website: https://infinitelaunch.io/

Focusing on GameFi and NFTs Infinite Launch will be the first launchpad to have its own blockchain games to help new crypto adopters get acquainted with NFTs and Play-to-Earn models. Right now, three GameFi projects plan to go through IDO on Infinite Launch. In addition, the platform has also launched the NFT Whale Club.

Infinite’s One Page

3. Edenbrawl

Official website: https://www.edenbrawl.com/

Edenbrawl (formerly “Circuits and Shields”) combines the action combat of a brawler with the endless depth of a MOBA to create a “Mobrawler”. In Edenbrawl, players can kill or block their enemy or land the ball in the enemy’s “endzone” to win the 20-minute MOBA match.

Edenbrawl’s One Page

 

4. AAG

Official website: https://aag.ventures/

AAG, a one-stop platform for players, guilds, and investors, aims to create economic freedom for the unemployed worldwide through the metaverse economy. It is also one of the fastest-growing guilds in the P2E industry. As of 2021, AAG covered seven countries and created an environment where players, guilds, and investors could interact seamlessly and make earnings through the services it provides.

Official website of AGG

AAG is not just a platform. It has built an all-new model. It has partnered up with many guilds, games, and investors, including ViaBTC Capital. Such a powerful investment network provides AAG with a strong business foundation and empowers it in fields that include gaming, blockchain, DeFi, and community building.

Institutional investors backing AAG

 A time of both challenges and opportunities

The GameFi market is shifting to second-generation and third-generation blockchain games. The market landscape of GameFi differs from that of other blockchain categories. Its relationship with the rest of the blockchain space resembles that between the metaverse and the Internet. GameFi successfully duplicates the financial sector, lending/borrowing system, and value-storing framework in the real world through its distributed structure and the confirmation of asset ownership via blockchain, which is also the reason behind its fast growth.

First-generation blockchain NFT games like CryptoKitties diminished due to the lack of long-term players. Second-generation blockchain games (P2E games like Axie Infinity) run the assets on Layer 2 blockchain networks and operate the game itself off-chain, thereby enabling gameplay with few costs and fast results. In such games, players can earn and monetize in-game tokens by playing the game for minutes. However, they still lack the advantages of conventional AAA games in terms of gaming experiences, game designs, and graphics. As such, second-generation blockchain games failed to build a mature market. ViaBTC Capital has captured the exponential growth of the demand for third-generation blockchain games that stimulate users through paid entertainment such as superior gaming experiences and gameplay, rather than P2E alone.

Having inherited all the advantages of blockchain technology, GameFi has brilliant prospects. In the future, ViaBTC Capital will continue to focus on the value-based investment of gaming ecosystems and engage in investment analysis and project empowerment according to the trend of game development. Meanwhile, it will push for the sound growth of GameFi and help build a prosperous ecosystem of third-generation blockchain games.

 

(The above content is for reference only and does not constitute any investment advice)

About ViaBTC Capital

An investment platform integrating capital, resources, and post-investment services

We believe that relying on the rich industry resources of ViaBTC Group and aggregating technologies, talents, projects, and capital in related industries around the world can accelerate the ecosystem development of the entire crypto industry. ViaBTC focuses on Web 3.0 and Layer 2 projects as well as DApps that feature DeFi, NFT, or DAO elements.

 

The barter system, where you trade your cow for someone else’s grains, for instance, is probably older than you think. It has its roots dating back to 6000 BC when Mesopotamian tribes first made exchanges with other groups.

Those methods of exchange worked well before things like the Internet or decentralized technology existed. Trading was necessary not because commodities have financial value or even industrial utility, but because they were necessary for survival. Back then, societies weren’t as worried about gold or silver as they were about grains, milk, and beans.

Today, even though society is living in a time where artificial intelligence, automation, blockchain technology and decentralization are going to make means of exchange far more democratic, and private than ever before, commodities still derive their value from the same things.

Agricultural goods provide us with a means to nourish ourselves and survive. Energy in the form of oil, natural gas etc. allows us to keep the lights on and keep the economy moving, and precious metals provide us with industrial utility and the ability to hedge against inflation.

Here’s the thing. The above commodities are non-fungible. They are not so easy to trade. That means no matter how valuable they are, some of that value is sucked away by old-world value chains. Thus, it remains out of the hands of the everyday individual.

That’s why Comdex is launching a decentralized exchange (DEX) for synthetic assets. So that value can be unlocked and participants all around the world can benefit from such an unlocking event.

What Are Synthetic Assets?

In blockchain, a synthetic asset is a tokenized version of another asset, whether the latter is tangible or intangible. In the case of commodities, blockchain can be used to tokenize physical assets as well as their financial representations, be it oil, gold or silver. Comdex operates a DEX listing synthetic assets representing all types of commodities.

The benefits of synthetic assets are enormous, as they allow users to trade the real-world value of a commodity without the complexities inherent in holding the non-fungible good itself.

Comdex Alleviates the Pain Points Associated with Nonfungible Commodities Exchanges

The Comdex Decentralized Synthetics Exchange allows participants to act as:

• Traders (who engage in buying and selling of cAssets against CMDX using cSwap)
• Minters (who can create and open collateralized debt positions in order to obtain a newly minted cAsset. They must maintain a minimum collateral ratio of 150% to avoid liquidation.)
• Liquidity Providers who provide equal amounts of cAssets and CMDX so that users can facilitate trades and providers can benefit from rewards and transaction fees.)
• Stakers (who can earn CMD tokens using Omniflix and Unagii)

The interface itself is easy to navigate. The team and the project are mission-driven. The whole point of the launch of this product is to alleviate the pain points that come with commodities and digital assets.

Participants get the real-world benefit of on-chain diversification of assets. The benefit from the security and transparency a decentralized synthetic asset exchange can provide. They also don’t have to worry about the cumbersome nature of the logistics and storage that typically comes with investing in physical goods and commodities.

Why Trade Synthetic Assets?

Comdex anticipates that demand on its platform will expand at an accelerated pace given the benefits of synthetics over trading the physical assets themselves. Synthetic assets address multiple risks, including:

• Confiscation or ban risk – the recent decision of US President Joe Biden to ban oil and gas imports from Russia shows that the commodity market may be unpredictable and struggle with uncertainty. Sometimes governments can go even further by confiscating commodities altogether. Synthetics cannot be confiscated and trading cannot be banned as they reside on a decentralized infrastructure.
• Theft risk – storing gold coins under your bed can make you happier, but this is not the safest approach for sure. The risk of theft is considerable, and the problem is that your home insurance policy might cover any sizable investment as most insurance packages stipulate clauses preventing cover on high-value items like gold bars. Elsewhere, synthetics can’t be stolen if you keep your private key safely.
• Third-party risk – even if you give up storing physical items and decide to invest in futures contracts, you will most likely end up storing them with a third-party custodian like a bank or broker. Unfortunately, there is always an insolvency risk associated with any centralized organization, including banks, shipping companies, or brokers. In the case of bankruptcy, you can own your investments partially or entirely. Since synthetics are stored on the blockchain, there is no third-party risk.

On top of that, synths come with great benefits that can help traders have peace of mind about their commodity investments:

• Easy access – with synthetics, you can get exposure to any commodity market without any obstacle. All you need to have is an internet connection and an account with Comdex.
• Costs – if you trade physical commodities or their futures, you have to be ready to pay broker fees, as well as storage, conversion, transportation, withdrawal, and other fees. Trading commodity synthetics reduce the costs to a minimum thanks to the efficient use of resources.
• No Expiry of futures contracts – trading commodity futures may be problematic for investors, as in theory, they are obligated to take delivery of the physical goods once the contract expires. Synthetics function 24/7 with no expiry.

Comdex is striving to revolutionize how people engage in commerce with commodities by merging decentralized technologies with real-world assets. The hybrid approach to this new robust decentralized synthetic asset exchange is going to change the game for good.

The question is, are you ready for it?

 

Image: Pixabay

 

Professional research has shown that celebrities and fans are equally vital in celebrity-fan relationships (link). Before social media, interacting with your favorite artist was impossible. The closest interaction possible would be from reading a recent newspaper interview.

As social media surged, those with fame were able to display their personality to fans. However, this was no different than viewing a newspaper – except with more colors and interactivity. As of the 21st century, the adoration and support of fans raised celebrities to new heights where business and brand creation became prevalent (link). Nonetheless, this evolving form of business is heavily flawed since celebrity marketing is limited as it’s aimed at their existing fans.

Other platforms have attempted to create both profit and connection, such as Cameo, TrueFan and TRING. Each of these services offers fans the ability to pay and receive content at their request. On paper, these services seem good, a celebrity can make some side income interacting with fans and bridging the gap between them. Academics, social scientists and professionals have stated a darker side to these services (link) and rather than supporting close connections with artists they instead turned artists into digital puppets, of which a user can perform digital ventriloquism to play with a celebrity’s persona. These services prey upon the artists, taking percentage cuts and using their image to fool fans into thinking interaction is meaningful. The result is an unhealthy power dynamic between celebrities and their fans – dictated by money rather than community engagement. These are the sole services for supporting artists to connect with their fans.

That is until nOFTEN released their one-of-a-kind celebrity-fan NFT (non-fungible token) platform. NFTs are physical assets, turned into digital assets, securely stored on a blockchain. The blockchain automates transactions and ensures the owner’s assets stay in their possession. Blockchains still require a marketplace to trade. Thus nOFTEN produced an excellent marketplace for artists, celebrities and fans worldwide.

The experience with nOFTENis simple, an artist joins, verifies his identity and then gets a bustling platform to create and distribute content. nOFTEN provides the artists with the freedom to create and express themselves to fans. For fans, they can own everlasting, passionately made creations from those they adore. The NFTs offered on the platform are not only demanded content such as those on Cameo. Instead, there are options to own pieces of art or meaningful memorabilia. The platform offers additional incentives, including verified accounts to stop inauthentic resellers, royalties and freedom to be creative.

The nOFTEN platform intends to further reinforce the connection between communities and artists in the future. Their roadmap plans out future features including staking for their $NOF token and a DAO (decentralized autonomous organization). By enabling a DAO for nOFTEN, both artists and fans can work together to use  $NOF, the mutual financial asset. Working together, the nOFTEN community can change the rules and laws of the platform.

With that, it’s clear nOFTEN provides the first limitation-free platform to support celebrity-fan interaction. This platform supersedes competitors by creating a limitation-free ecosystem. The limitations and issues include a limited sphere of influence, unhealthy power dynamics and social control. The nOFTEN platform fixes all these issues by offering a hub of like-minded artists and nOFTEN partners for collaboration. The unhealthy power dynamic is removed by promoting creative freedom, not creative control. Further, the future DAO allows both parties to harmoniously support each other and the wider community. The connection between fans and celebrities has never been stronger thanks to the nOFTEN marketplace. Visit the nOFTEN website here.

A super-rare and unique platform, will you experience the nOFTEN revolution with your favorite celebrity?

 

Swapin, an EU-licensed crypto payment infrastructure, has announced the successful completion of their funding round that started back in December 2021. The cap reached was leveled at the €1.68M mark, which significantly enhances the capabilities of the project to develop further.

The first significant step announced by the team is a complete rebranding, which also implies an update to the company brand vision. Swapin is a reflection of the project’s key mission – providing access to instant fund transferring (swapping) between crypto and fiat. Regardless of the exact product you choose by Swapin, it will always be aimed at bridging these two common types of assets and the people that use them.

Swapin B2C and B2B Product Lineup

The announced brand philosophy can easily be seen among the Swapin product lineup, which will comprise at least five services by the end of 2022.  InstaBuy and InstaFill (relatively similar solutions aimed at making instant crypto-to-fiat payouts accessible) will be complemented with a reliable crypto-purchasing tool (InstaBuy) and several products geared at bridging fiat and cryptocurrencies for businesses and individuals – CoinCollector and E-com.

The latter two deserve a closer examination, as B2B product development has been outlined as a prior focus for the ongoing year. 

CoinCollector is a simple but unique online tool that enables businesses to accept payments in crypto and receive the funds directly to their bank accounts without touching or dealing with digital assets. All that’s needed is to create a CoinCollector payment link and share it with a client who wants to pay with crypto. Once the recipient sets the amount that needs to be transferred in fiat, the service provides him a wallet address and exact sum in the crypto of their choice, which will be valid for the next 30 minutes. The only step remaining is completing the transfer, and once that is done, the established amount of euros will hit the merchant’s bank account. CoinCollector fully complies with EU financial regulator requirements as all services by Swapin are supervised by the Estonian Ministry of Financial Affairs and Communications. 

E-com, the second option, is a highly compatible payment widget for online shops and merchants designed specifically for entities. Working almost similar to CoinCollector, it can be permanently integrated into any online store, thus significantly broadening its target audience by adding in those clients looking for the opportunity to pay with their crypto. Another positive fact about E-com and CoinCollector is that they protect both businesses as well as their clients from market fluctuations. This means that the client sees the exact amount of crypto he needs to pay, while the entity always gets the demanded sum in fiat currency.

Swapin 2022 Roadmap And More

This isn’t even an exhaustive list of product updates mentioned in the Swapin 2022 roadmap, as the company seeks to launch a virtual IBAN release option and acquire an EMI (Electronic Money Institution) license by the end of the year. 

When reached for comment, Evald-Hannes Kree, CEO at Swapin, emphasized the company’s recent achievements:

“Swapin is the best possible brand name to reflect our passion – the endless search for a better way to integrate the worlds of digital assets and traditional finances. We see a large and, more importantly, consistently growing demand from both ends, and we know our clients’ needs. Finally, we have the relevant experience of successfully building products that give us a clear vision of further steps. I have no doubts that Swapin has a bright future ahead, especially with the support provided by our respected investors.”

About Swapin

Swapin is an EU-licensed, regulated crypto-to-fiat payment processing company. The company offers a complete set of turn key solutions aimed at bridging the gap between digital and fiat asset flow. Swapin allows the conversion of personal crypto funds or incoming payments in digital assets into direct deposit to the selected IBAN account, avoiding excessive accounting and legal compliance struggles.

The variety of ready-to-go solutions, targeted both at individuals and businesses, allows for immediate fiat settlement in the desired fiat currency in only a matter of clicks.

Smart contracts are an essential building block within the cryptocurrency ecosystem and are the core of many decentralized applications (dApps).

These programs run when predetermined conditions are met to help automate workflows, execute agreements, and carry out other essential tasks that can be governed with “if/when…then…” statements.

Programmed by developers, smart contracts are trustless, autonomous, decentralized, operate transparently, and are unable to be reversed or modified. These attributes make smart contracts a useful tool in reducing or even eliminating the need for intermediaries or third parties. The code arbitrates the terms of an agreement or contract.

Legacy Industries Remain Interested In Harnessing Smart Contracts

Unsurprisingly, the benefits of smart contracts mean many traditional companies are looking towards the technology to optimize operations.

Research published in December 2021 projects the global smart contract market size is expected to jump to $770.52 million by 2028 up from about $145 million in 2020.

Smart contracts have already made notable waves within the supply chain industry as businesses aim to better track products. In the summer of 2021, blockchain and crypto mobile app provider Epazz Inc announced plans to launch its StreamPay Blockchain Smart Contract App. The company noted the application could be used by supply chain managers to keep watch on raw materials as they are transformed into finished goods, thanks to smart contracts.

The traceability benefits of smart contracts have also attracted some in the legal industry to take a look at the technology. Some believe smart contracts could build on the advent of e-signatures for legal documents to create scenarios where lawyer fees and other costs could be reduced by making agreements with the help of customized smart contracts.

Back in 2017, Arizona Governor Doug Ducey signed HB 2417 into law, which asserted smart contracts were legal and enforceable under state law.

By far, Ethereum remains the most popular blockchain for running smart contracts. Smart contracts run on the Ethereum Virtual Machine (EVM), a global, decentralized computer where Ethereum nodes provide power in exchange for Ether tokens.

Any Ethereum user can write a smart contract and deploy it to the network as long as they have enough ETH and understand how to code in a smart contract language like Solidity or Vyper.

EVM Compatibility, A Vital Attribute For New Smart Contract Innovation

As EVM remains the most popular platform for smart contracts, blockchain compatibility remains of utmost importance for teams interested in attracting users. Compatibility reduces the amount of gas needed for contract verification and execution.

Lycan Chain is one example of an up-and-coming EVM compatible blockchain with its own secure consensus mechanism. Developed by the team who introduced Werewolf, one of the world’s first DeFi ecosystems, Lycan Chain focuses on alleviating scalability issues and fostering full smart contract adoption.

Compatible with EVM and interoperable with Web 3.0, developers can rely on Lycan Chain’s unique hybrid proof-of-stake architecture to quickly integrate dApps onto the blockchain.

Named after the mythical Lycan species famous for its speed and immortality, the Lycan Chain team announced the launch of its Testnet in early March 2022.

As smart contracts remain the soul of ever-changing and dynamic blockchain industry, EVM compatibility remains of utmost importance for new and dynamic blockchains interested in helping developers quickly build scalable and secure solutions.

 

 

 

The cryptocurrency industry can provide bountiful rewards for those who like an active approach to portfolio management. However, that also applies to passive cash flow, with the help of the right provider. Unlocking predictable passive income twice a day is accessible through CakeDeFi, which provides users with solid returns.

Passive Income with Crypto isn’t Difficult

As the decentralized finance ecosystem continues to grow, people have wondered how they can put their crypto assets to work. Many seem to make good money in this ecosystem and have their earnings cover basic expenses, including food, drinks, groceries, etc. However, even more people are puzzled about how any of this is possible and what they must do to achieve such a passive income stream.

The cryptocurrency industry has a reputation for requiring hands-on asset management. For the most part, that is true when it comes to trading and rebalancing one’s portfolio. However, much has changed since DeFi gained traction, as most popular assets can help users earn a solid passive income these days. It is not necessary to invest in dozens of currencies to achieve high rewards.

Even for those who have never owned any cryptocurrency, unlocking predictable passive income is within reach. On CakeDeFi, users are guided through the steps of acquiring the supported currency/currencies and putting it to work through the various services to generate passive income. It is an accessible and educational approach capable of bringing in a large mainstream audience.

The big question in many people’s minds is figuring out how often they will get paid. A savings account offers interest once a year, and even then, it often disappoints. In DeFi, and through CakeDeFi, users can access rewards twice per day. Balances will update every 12 hours, and rewards accrue in real-time without delays.

A Straightforward Journey with CakeDeFi

The CakeDeFi offers the most accessible and profitable DeFi features on its platform. Users can opt to stake their crypto, use it for lending, or provide liquidity to the various pools. Each option has a different return and profitability level.

Staking and lending are the least risky options with low volatility for those who are relatively risk-averse. Lending has a return of up to 7% per year, whereas staking can yield up to 34.3% per year. For lending, one can use Bitcoin, Ethereum, USDT, and USDC. Staking is currently only supported for DFI – the native asset of DeFiChain – and Dash. Users can acquire all of these assets through the CakeDeFi platform and convert freely between them.

Liquidity mining is a potent option for those with a bigger risk appetite. However, it requires supplying two currencies in the pool to begin earning rewards. The interest rate can be as high as 97.85% per annum and is supported by over two dozen currencies. Once liquidity is locked in, users can maintain a passive approach and see their earnings add up every 12 hours.

Making all of these features accessible is essential to ensure future DeFi growth. CakeDeFi makes lending, staking, and liquidity easy for novice and advanced users to explore and benefit from. Moreover, no technical expertise is needed to make the most of these options. The platform provides ample guidance to help users on their way to unlock predictable passive income twice a day.

 

Image: Pixabay

Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ventures, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV, and Spartan Group were among those who participated.

This latest round of funding marks another step in Composable’s journey to build and launch what it believes to be the final missing “LEGO” building block in the Web3 and DeFi technical stack: cross-chain composability. Composable argues that despite composability being a defining characteristic of DeFi and Web3, it is, with disappointment, limited to isolated chains and layers in its current form. To that end, Composable Finance is among the first to develop a development and execution environment that aims to deploy orchestration logic that allows for ecosystem – agnostic, cross-blockchain communication in a truly decentralized fashion.

The fundraise comes after the successful procurement of two parachains, both on Polkadot (Composable Parachain) and Kusama (Picasso Parachain). Composable has also built out its offering with Mosaic, its transfer-availability layer, Centauri, the IBC Substrate bridge to the Cosmos ecosystem, and Pablo, our next generation decentralized exchange on Picasso. The new capital will be used to expand the team and build products that push the blockchain and Web3 industry further along the continuum of interoperability. Futuristic capabilities like cross-chain computing, with smart contracts that span multiple ecosystems, and developers that spin up protocols that securely handle institutional throughput, are a reality through Composable’s cross-chain virtual machine (XCVM) and Routing Layer.

Both sit on our new Composable Parachain, which benefits from Polkadot’s shared security and scale. Composable believes it can achieve a point of absolute blockchain agnosticism, standardizing access for DeFi applications, wherein developers and users enjoy ultimate user accessibility and optimized function across multiple ecosystems.

Investors at Figment commented, saying: “We are excited to partner with the team at Composable Finance. Throughout this process, we have seen the team build incredible projects at a particularly amazing rate. We believe the launch of their parachains on Polkadot and Kusama as well as their building a suite of cross-chain DeFi applications, will ultimately lead to greater user adoption of these ecosystems.”

Rob Zhuang, Head of Operations, connects product, design, and development to optimize the team’s performance. He believes the new round will enable Composable to deepen its world-class team: “Effectively harnessing the talent, we have to build a world-class team that can execute and solve DeFi’s pressing challenges has been core to what we do at Composable. I am excited for what lies ahead as we empower our team to define the future of DeFi.”

Zain Awan, Composable’s Chief Marketing Officer (CMO), acknowledges the significance of this event in scaling their processes and easing adoption barriers: “One of our core strategies has been to lower the barrier of entry into DeFi through effective communication, education, and much-needed thought-leadership in the space. We recognize the nascency of DeFi, and our recent raise will help us scale our processes to fill knowledge gaps and ease adoption barriers. Ultimately, this should help us solidify Composable as the face of DeFi’s future.”

Karel Kubat, Composable’s Chief Technical Officer (CTO), brings to light the importance of attracting the best technical talent in order to develop cutting-edge solutions in the DeFi space: “The blockchain and broader Web3 space remain at a point of inception. It has been a little over a decade since the first blockchain. Yet, we are witnessing impressive innovation and user adoption despite the steep learning curves required to navigate the technology. Our Series A reflects the industry’s need to solve the problem of interoperability and its related challenges. Composable will attract the best technical talent most interested in tackling challenges at the forefront of DeFi and help build the future we all want through our technology stack.”

0xbrainjar, Composable’s Founder and Head of Product, spearheads the development of Composable’s novel innovations. He holds deep expertise in the blockchain space and a critical understanding of the challenges plaguing the DeFi sector. He commented: “Our vision of absolute ecosystem agnosticism necessitates a radical approach. We believe functionalities must be integrated across different ecosystems in the most scalable manner possible so that they are not siloed into individual locations. In less than a year, we have already built interoperable solutions that abstract the difficulties of this domain to enable any developer looking to contribute to this sector to build with confidence. I am grateful to our partners and investors who have supported us every step of the way. If you’re interested in building a cross-chain future that DeFi needs to scale, we are happy to have you join our ever-growing team.”

The team at Composable Finance is excited to leverage its latest round of investment to grow its team and continue engineering novel interoperability solutions in industry.

The metaverse is one tech trend showing no signs of waning – in fact, quite the opposite. Experts believe that the metaverse is perhaps the most significant transformational opportunity to hit branding and marketing since the advent of the internet itself. Investment bank Jefferies states that the NFT market, the backbone of decentralized metaverses, will reach over $80 billion by 2025. Morgan Stanley believes there’s a $56 million opportunity on the table in the luxury goods sector alone.

But when we talk of brands entering the metaverse, what does it really mean? Well, setting up shop in a virtual realm isn’t so different from what you’d need to do here in the meat space. First, you need to acquire metaverse land.

Most metaverses have a defined quantity of land available for purchase as NFTs on primary or secondary markets. Buying land will give you the “space” you need in the virtual world to start monetizing. Prices may vary, but the scope of what you can do with your land is almost limitless. Here are four ways you can leverage land in the metaverse to max out your possible returns.

Build a Virtual Commerce Showcase

E-commerce was one of the premier use cases for the internet, giving rise to the global behemoths that are Amazon and Alibaba – both e-commerce firms that have expanded far beyond their retail roots. Now, the savviest brands are setting up their v-commerce outlets in the metaverse, allowing users to browse a range of digital and physical products in a customized, branded environment that isn’t constrained by physical boundaries.

Samsung is one example, having launched “Samsung 837X,” its digital-only retail location designed to emulate the firm’s flagship NYC location in the Decentraland metaverse. Decentraland is also set to host the first-ever Metaverse Fashion Week at the end of March, so if the event is a success, it seems likely we can expect a few high-end brands to set up virtual outlets in the metaverse.

Build a Play-to-Earn Game

The play-to-earn (P2E) craze has taken the gaming world by storm over the last year or so, leading to an influx of VC funding for P2E startups. Some metaverses, such as Bullieverse, allow users to configure their own P2E games on land in the metaverse, creating the opportunity for developer income based on player revenues.

Bullieverse has integrated Unreal Engine as its game development platform, which offers rich, 3D graphics without even needing any coding tools. It allows users to build games using pre-defined templates and assets.

For brands, this option provides an entirely new revenue stream of gaming income while offering a tailored game to engage potential consumers while paying them token rewards. Bullieverse has also just announced a partnership with Admix, allowing anyone to further monetize their game creations with non-intrusive, opt-in ads from any of the firms 300+ partner brands.

Excited to announce our partnership with @Bullieverse

We’re working with @Bullieverse to bring them the most immersive experiences in their metaverse, with custom builds, In-Play billboards, and even branded #NFTs!

Learn more about Bullieverse here: https://t.co/Abo1yiNa3r pic.twitter.com/fYUDCfXO5v

— Admix (@admixplay) March 25, 2022

Branding specialists can let their imaginations run riot with all the creative ways to position their assets and products within the game itself. Rewards could also be branded, providing users with tokens that can be redeemed for in-store credit or merchandise.

Host an NFT Art Event

Along with gaming, NFT art is one of the predominant use cases for the technology right now. Christie’s was the first big-name art auction house to engage with auctions of digital art, while Sotheby’s has joined Samsung by setting up a virtual auction house in Decentraland.

However, some innovators believe that the art buyer UX is currently lacking the metaverse touch. Realm is a metaverse project that wants to do away with the rather sterile, eBay-type listing that NFT art buyers currently experience. Instead, Realm offers artists the opportunity to share and present their NFT creations in a unique and creative way. Think of a customizable AR/VR gallery that could be floating through space, underwater, or an interactive exhibition based on sound and movement.

Anyone using Realm can create as many realms as they like using a suite of builder tools. Users can create their own exhibition spaces, hold a virtual auction, or invite collaborative creation to explore what’s possible in the world of NFT art in the metaverse.

Rent It Out

Still not sure what’s the best use of your metaverse land and want some more time to mull over the options? Why not just rent it out for passive income in the meantime? If you’re on a longer-term time frame, you could rent the land to another brand to develop any of the ideas outlined above.

But even if you’re on a short-term time frame, there could be other options. For instance, brands wanting to advertise their presence in the metaverse may be willing to rent out your land for advertising space – think the virtual equivalent of the Golden Arches or a band advertising for an upcoming concert.

The metaverse is still very much in land-grab mode, so if you’re on the fence, consider that even simply buying and holding could be a worthwhile option if prices continue to appreciate at the rate they have been. Either way, if your brand isn’t currently thinking about a metaverse strategy, you could find yourself arriving very late to this virtual party.

There’s more, and it’s only Thursday! Exciting a week for the third-largest metaverse: Next Earth today announced that the NXTT token will be listed on a centralized exchange, with plans to be in another top 3 exchange within 2-8 weeks of this first listing. Gabor Retfalvi and David Taylor explained in their Youtube live session, that CEXistings will provide more liquidity and accessibility to the NXTT token, and will help to further grow the booming Next Earth community.

With the first CEX listing agreement complete, all that remains is technical steps for the CEX listing to happen around the middle of April.

Also, Next Earth is pleased to be a sponsor of the upcoming CCTF hacking competition. This great event focuses on educating and growing the hacking community.

The company also announced its investment in Primal Game Studio, a game development studio with experience in developing exciting adventure and RPG games. Both enterprises focus on community-driven experiences, enabling the potential for shared knowledge and viewpoints from different perspectives, which will make this a strong partnership.

Next Earth aims to build an immersive, interactive metaverse, and Primal is at the forefront of video game production: this investment is an opportunity to build virtual reality worlds together. Primal’s current and future video game titles will not be affected by the partnership and are not going to include NFTs or other forms of blockchain technology, but Primal will fully leverage its decades-long expertise in cutting-edge technologies and content production to support Next Earth in its journey to building the world’s premiere metaverse experience.

Primal Game Studio will remain fully independent, pursuing its own vision and business strategy while its partnership with Next Earth will enable the worldbuilding of their immersive Metaverse. This strategic investment aims to equip Primal Game Studio with the assets to grow their business and fulfill the growing demand they’re facing – while also enabling Next Earth to start building its Web3 Metaverse environment with one of the best quality game development companies in the video game industry.

Primal Game Studio is an independent game studio founded in Budapest that adds new twists to classic genres in its mid-core and hardcore titles. Since its foundation in 2012, the studio’s team of industry veterans and passionate game makers have worked on various exciting titles for partner studios, including products in the League of Legends universe for Riot Games, Warhammer: Mark of Chaos, and Might and Magic: Heroes 6. Primal’s currently announced upcoming games, both Epic MegaGrants recipients, are Around, a hand-drawn adventure game, and Mandragora, an epic and dark fantasy action RPG.

Taylor and Retfalvi also spoke about their first launchpad project: The Next Earth launchpad is kicking off with a real estate agency project. This will be a great way for the company to get started in the industry and to provide a valuable service to their community.

The whole world eagerly awaits the advent of Web3, a digital world where users control their data. That world will also provide access to finance opportunities, games, and more. Alpha Venture DAO positions itself as a beacon for builders and developers to secure project funding and the necessary incubation expertise for future success.

Building The Web3 Infrastructure

As more people show an interest in Web3 development, overall excitement rises. First, however, everyone must acknowledge that Web3 is a concept and not an existing product or service. Therefore, the necessary infrastructure needs to be developed first and foremost. Alpha Venture DAO, established by Alpha Finance Lab, aims to play a role in those proceedings by connecting builders, operators, and users to innovate in the Web3 environment.

Builders can tap into vast resources, support, and mentorship under the Alpha Venture DAO banner. Together with partners Alpha Network – spanning several dozen thought leaders, influencers, and investors – and Terraform Labs, the DAO aims to bring exciting projects to fruition. Moreover, incubated projects can bring their infrastructure to over 100,000 Web3 users under the Alpha Finance Lab banner.

Terraform Labs Head of Ecosystem Development Natalie Luu comments:

“Terraform Labs is proud to be Alpha Venture DAO’s partner and provide support to founders building on the Terra ecosystem. We welcome builders who want to join Terra’s fast-growing ecosystem to create new use cases leveraging UST stablecoin and the Terra blockchain.”

Incubation is part of the Alpha Venture DAO’s plan. Simultaneously, the team will continue to build category-defining products and services, unlocking synergetic value within the Alpha ecosystem. That includes finding correlations with their existing Alpha Homoroa, AlphaX, ad Alpha Tokenomics products, and services. The Alpha Homoroa solution was the world’s first cross-chain leveraged yield farming protocol representing over $1.8 billion in total value locked.

Why Alpha Venture DAO Is Different

The modus operandi of Alpha Venture DAO differs from traditional incubators and funding providers. The decentralized VC fund uses its community as its paycheck. Tapping into users and their expertise is more valuable long-term than monetary incentives. Incubated projects can still benefit from the investor-oriented opportunities through Alpha Network, but the DAO focuses on letting community members offer expertise and skills to projects.

Users contributing to incubated projects gain early access to up-and-coming endeavors. THat serves as a strong incentive to help new projects achieve their future Web3 potential. Moreover, this approach ensures ownership of projects is more democratized, as anyone can become an owner of those high-quality ventures before their official launch.

Alpha Venture DAO Co-founder Tascha Punyaneramitdee adds:

“Since the Web3 industry is still in its infancy, we believe that it will go through multiple phases of growth. In order to remain relevant over the next 10 years, we have to be agile in how we create and capture value. This is why we don’t limit ourselves to only building in-house products, but we also started incubating external projects in order to grow into a multi-chain dApp ecosystem. Hence, the ALPHA token will be a proxy for Web3 innovation.”

The support from the community and over 50 thought leaders and experts in Web3 will prove crucial to incubated projects. Picking the brain of mentors from AVA Labs, The Spartan Group, Jason Choi, Darryl Wang, Crypto.com Capital, Band Protocol, Acala Network, and others will provide new insights. Terraform labs will help with technical and infrastructure support, making the Alpha Venture DAO a potential game-changer for Web3 development.

Decentralized Autonomous Organization (DAO) Bee Network recently deployed two features. The first is a decentralized application (dApp) browser, and the second enables users to connect their Bee Wallet with external platforms, such as OpenSea.

Created as a unique blockchain, the Bee Network allows its users to earn rewards with its native token, Bee. Users can leverage the GamiFi experience to receive Bee with their mobile devices and become part of a community that has reached millions of users.

The Bee Network was designed to function like a hive, where each individual has a specific job and is able to operate within a close network without the oversight of a central authority. The project relies on its community members and contributors to advance and thrive.

As mentioned, the Bee Wallet can be connected, using WalletConnect, on marketplaces. In order for users to connect their wallets, they can select WalletConnect as their wallet provided when accessing the platform, as seen below.

Later, users can select the QR scanner function on their Bee Wallet to scan the code provided by WalletConnect. As the image below shows, this will allow the user to connect and then approve the connection to OpenSea or any other marketplace.

In addition, users will be able to interact with other dApps and Web3 experiences, like NFT games. As part of their dApp browser feature, this will remove friction from the process of finding and connecting to decentralized applications.

As seen below, when the user accesses their Bee Network App they can search and choose the NFT project. At the bottom of the screen, users will find the Square option where they will be able to access their favorite projects.

The process was created to be direct and simple, therefore, after selecting an NFT project, users only need to join the project and connect their Bee Network wallet. This feature will also provide additional information on the NFT game, its native blockchain, features, compatible operating systems, languages, and more.

Bee Network, Building An Open Internet With A Community At Its Core

In the future, Bee Network and its hive of contributors will work to make it the hub for the next phase of the internet, often referred to as Web3, and to grow its ecosystem. The project will introduce mobile games supported by the innovative GameFi Model, social media networks, marketplaces, and other services by levering the potential of blockchain technology.

Currently, and according to its Whitepaper, the Bee Network has over 1 million users, and moves at a fast pace surpassing its 10 million user milestone. There are over 18 million bees on the platform.

Unlike alternative blockchains, Bee Network has implemented a Know Your Customer (KYC) program that guarantees the safety of its users and prevents any bad actors from performing illicit activities.

Once the 10 million user milestone is reached, the project is moving to its final stage where it expects to onboard 100 million users with a native exchange marketplace and foster an open internet network on top of its community.